India: Has the bubble burst?: Real Estate, DLF, Bubble Bursting, Policy Benefits, Saviour Builders, Nagarjuna Construction

Real estate prices have fallen in select pockets but there have been no major sales. Severe cash crunch, plunging sales and stock market crash have compelled developers to put projects on hold. They are also uniting to put pressure on the government top ease policy and provide benefits. RBI has recently cut both the CRR and repo rates. However, banks have no plans to lower the home loan rates and the sector will not see any change in demand.

-Chillibreeze Business Research Team

General Information / Trends
Recent Rate Cuts may not be enough
Correction in Real Estate Prices Largely Done According to DLF
A Roundtable on Real Estate
Signs of the Bubble Bursting clearly Visible

Government Policy
Developers Unite to Seek Policy Benefits

Real Estate Finance

Corporate Plans
Saviour Builders Plans Luxury Housing in Ghaziabad
Nagarjuna Construction Puts on Hold Future Real Estate Projects

International News